jyoti structures have been growing 100% for the past 3-4 yrs.....with topline of 738 crs n bottomline of 27 crs n reserves of 106 crs n a pe of 20 for 06.....its looking damn attractive against the current price of 97....for june quarter it reported 220 crs sales...9.72 crs net profit n a eps of 6.68........so for 07 shld report arnd 26....fiis n mutual funds together hold ardn 29% n 20% in public....very very attractive to me
i might take a exposure of 50% at current levels n add more arnd 80
views invited
ashu
Institutional Investors
Mutual Funds and UTI
1781288
12.89
Tata Trustees Company Pvt Ltd
219037
1.58
DSP Merrill Lynch Trustee Company Pvt Ltd
332163
2.40
UTI - Dynamic Equity fund
237835
1.72
UTI Leadership Equity Fund
691850
5.01
Banks,Financial Institutions,Insurance Companies
5974
0.04
FIIS
2122283
15.36
Notz Stucki ET CIE SA
504935
3.65
India Fund Inc
543104
3.93
BSMA Ltd
693000
5.01
Premier Investment Fund Ltd
176824
1.28
Sub Total
3909545
28.29
Scrip Code : 513250 Company Name : Jyoti Structures Ltd
Type
Audited
Audited
Audited
Audited
Date Begin
01 Apr 05
01 Apr 04
01 Apr 03
01 Apr 02
Date End
31 Mar 06
31 Mar 05
31 Mar 04
31 Mar 03
Description
Value(Rs. million)
Net Sales
7380.64
4396.12
3034.55
2772.72
Other Income
20.9
4.73
5.59
5.07
Total Income
7401.54
4400.85
3040.15
2777.8
Expenditure
-6632.78
-3985.72
-2732.54
-2523.02
Operating Profit
768.76
415.13
307.61
254.77
Interest
-258.43
-194.69
-172.61
-198.09
Gross Profit
510.33
220.44
135
56.68
Depreciation
-48.34
-39.3
-40.64
-42.33
Profit before Tax
461.98
181.14
94.35
14.34
Tax
-185.3
-65.83
-39.66
-9.75
Profit after Tax
276.69
115.31
54.69
4.59
Net Profit
276.69
115.31
54.69
4.59
Equity Capital
138.21
138.21
118.2
-
Reserves
1063.22
806.01
507.92
378.17
EPS
20.02
9.3
5.04
0.46
Nos. of Shares - Non Promoters
9920143
9889165
7906794
5185034
Percent of Shares - Non Promoters
71.78
71.55
66.88
52.8
Result Type
A
A
A
A
Notes
Notes
Notes
Notes
Wednesday, August 23, 2006
aarti industries.......multibagger in making ?
aarti industries was beaten down black n blue during the correction.......frm 72 levels to 30......the high being 92....n low being 26
having a turnover of 800 crs n profit arnd 50 crs with a eps arnd 6.75....the top line n bottomline have been growing up consistently
promoters holding being 45% n public 35% n mutual funds n fii 16%
i feel tht its the future is bright n its juss a matter of time tht company will inch up again
views r invited frm those who r tracking it closely
take care
ashu
Institutional Investors
Mutual Funds and UTI
8223662
11.29
HDFC Trustee Company Ltd - HDFC Prudencefund
2976000
4.09
HSBC Midcap Equity Fund
1326218
1.82
HDFC Trustee Company Ltd - HDFC Long Term
1461414
2.01
ABN AMRO Mutual Fund A/c ABN AMRO
826618
1.14
Banks,Financial Institutions,Insurance Companies
7500
0.01
FIIS
3665654
5.03
BSMA Ltd
1352950
1.86
Sub Total
11896816
16.34
Scrip Code : 524208 Company Name : Aarti Industries Ltd
Type
Audited
UnAudited
Audited
Audited
Date Begin
01 Apr 05
01 Apr 04
01 Apr 03
01 Apr 02
Date End
31 Mar 06
31 Mar 05
31 Mar 04
31 Mar 03
Description
Value(Rs. million)
Net Sales
7861.8
6854.8
5089.7
4729.2
Other Income
47.8
25.8
26.2
14
Total Income
7909.6
6880.6
5115.9
4743.2
Expenditure
-6767.6
-5962.3
-4351.5
-4026.1
Operating Profit
1142
918.3
764.4
717.1
Interest
-204
-135.4
-94.6
-137.8
Gross Profit
938
782.9
669.8
579.3
Depreciation
-221.9
-200.6
-169.1
-168.8
Profit before Tax
716.1
582.3
500.7
410.5
Tax
-225.5
-139.7
-143
-114.9
Profit after Tax
490.6
442.6
357.7
295.6
Net Profit
490.6
442.6
357.7
295.6
Equity Capital
364
364
121.3
121.3
Reserves
2004.1
1693.9
1609.1
1453.9
EPS
6.74
12.78
30.02
24.49
Nos. of Shares - Non Promoters
40084812
19532700
6348090
5666908
Percent of Shares - Non Promoters
55.05
53.65
52.31
46.69
Result Type
A
A
A
A
Notes
Notes
Notes
Notes
having a turnover of 800 crs n profit arnd 50 crs with a eps arnd 6.75....the top line n bottomline have been growing up consistently
promoters holding being 45% n public 35% n mutual funds n fii 16%
i feel tht its the future is bright n its juss a matter of time tht company will inch up again
views r invited frm those who r tracking it closely
take care
ashu
Institutional Investors
Mutual Funds and UTI
8223662
11.29
HDFC Trustee Company Ltd - HDFC Prudencefund
2976000
4.09
HSBC Midcap Equity Fund
1326218
1.82
HDFC Trustee Company Ltd - HDFC Long Term
1461414
2.01
ABN AMRO Mutual Fund A/c ABN AMRO
826618
1.14
Banks,Financial Institutions,Insurance Companies
7500
0.01
FIIS
3665654
5.03
BSMA Ltd
1352950
1.86
Sub Total
11896816
16.34
Scrip Code : 524208 Company Name : Aarti Industries Ltd
Type
Audited
UnAudited
Audited
Audited
Date Begin
01 Apr 05
01 Apr 04
01 Apr 03
01 Apr 02
Date End
31 Mar 06
31 Mar 05
31 Mar 04
31 Mar 03
Description
Value(Rs. million)
Net Sales
7861.8
6854.8
5089.7
4729.2
Other Income
47.8
25.8
26.2
14
Total Income
7909.6
6880.6
5115.9
4743.2
Expenditure
-6767.6
-5962.3
-4351.5
-4026.1
Operating Profit
1142
918.3
764.4
717.1
Interest
-204
-135.4
-94.6
-137.8
Gross Profit
938
782.9
669.8
579.3
Depreciation
-221.9
-200.6
-169.1
-168.8
Profit before Tax
716.1
582.3
500.7
410.5
Tax
-225.5
-139.7
-143
-114.9
Profit after Tax
490.6
442.6
357.7
295.6
Net Profit
490.6
442.6
357.7
295.6
Equity Capital
364
364
121.3
121.3
Reserves
2004.1
1693.9
1609.1
1453.9
EPS
6.74
12.78
30.02
24.49
Nos. of Shares - Non Promoters
40084812
19532700
6348090
5666908
Percent of Shares - Non Promoters
55.05
53.65
52.31
46.69
Result Type
A
A
A
A
Notes
Notes
Notes
Notes
follow up on operators move
syncom formulation n sanjivani parental r being tlked abt by brokers as operators r taking interestin it...those holding shld continue holding it with patience....syncom was up 10% yest.....n sanjivani has inched up frm 27 to 38 in the past 15 days
dcw...there r tlks of company coming up with right issue......so they might jack up the price to bring in the right at a higher price...those who have taken exposure shld continue holding it.........3-4 months holding is required
FRESH EXPOSURE NOT RECOMMENDED....TOO RISKY
take care
ashu
dcw...there r tlks of company coming up with right issue......so they might jack up the price to bring in the right at a higher price...those who have taken exposure shld continue holding it.........3-4 months holding is required
FRESH EXPOSURE NOT RECOMMENDED....TOO RISKY
take care
ashu
Tuesday, August 08, 2006
KEI Industries - Management Interview
KEI Industries (KEIL), incorporated in 1968, manufactures power, instrumentation and control cables and house wires, selling nearly 80% of its output to institutional buyers. With three manufacturing units in New Delhi, Bhiwadi and Silvassa, KEIL aims to maintain its margin on enhanced volume.
To know about prospects of the company and the power cable industry, Capital Market's Ravi Sodah spoke with Anil Gupta, MD, KEIL. Excerpts.
What is the current size of the power cable industry? At what rate it is it growing?
The current size of the power cable industry is about Rs 8000 crore. The industry is growing at 20%-25%. The growth is not only because of expansion of its capacity. The industry is growing because of capital expenditure in various user industries.
What are the key growth drivers and risks in the cable industry?
About Rs 9 lakh crore of capex is going in power and infrastructure sectors, special economic zones (SEZ), and industrial expansion. As a thumb rule, wire and cable requirement is approximately 2%-3% of the cost of the project.
The only risk is slowdown in the economy. But we don’t see any slowdown in the economy in the next five-10 years.
What is the share of organised and unorganised players in high tension (HT) and low tension (LT) cables? How is KEIL placed to face competition?
Due to the long period for a power cable company to establish its credentials, major sales from organised players in HT and LT cables are to institutions. If a new company starts manufacturing cables, it will take at least seven years for registration due to the surfeit of vendors.
KEIL is an established player figuring in the vendor approval list of various international engineering, procurement, construction (EPC) and power companies.
Can you elaborate on the product mix as well as the specific categorisation within the cables? What is the contribution of HT and LT cables to sales?
We are focusing on cable sales. We started manufacturing HT from March 2006. In FY 2007, HT cable sales will be approximately Rs 100 crore.
What is KEIL’s market share?
The present market share of KEIL is 15%. We sell mainly to institutions. Our sales to institutions are approximately 80% of our revenue. We are also focusing on retail sales through channel partners and dealers and distributors. We intend to achieve a 20% market share. Besides the existing facility in New Delhi, KEI started a new manufacturing facility at Bhiwadi in Rajasthan in March 2006. Expansion of our Silvassa facility will be completed by August 2006.
Going forward, what kind of turnover growth does KEIL expect? Will the company be able to retain the same kind of margin on enhanced turnover?
In FY 2007, we expect to achieve sales of Rs650-700 crore. Due to the increase in volume, we will maintain our operating profit.
What is your current order book? When are the orders likely to be executed? How was the order book last year?
Presently, the order book is Rs 116 crore. We are maintaining our order book at Rs 100 crore since the last one year. The orders are to be delivered in the next three to four months, apart from dealers’ orders.
Can you elaborate on the product mix as well as the specific categorisation within the cables? What is the contribution of HT and LT cables to sales?
We are focusing on cable sales. We started manufacturing HT from March 2006. In FY 2007, HT cable sales will be approximately Rs 100 crore.
What is KEIL’s market share? Going forward, what is the market share that the company is targeting? How do your intend to scale up operations?
The present market share of KEIL is 15%. We sell mainly to institutions. Our sales to institutions are approximately 80% of our revenue. We are also focusing on retail sales through channel partners and dealers and distributors. We intend to achieve a 20% market share.
Besides the existing facility in New Delhi, KEI started a new manufacturing facility at Bhiwadi in Rajasthan in March 2006. Expansion of our Silvassa facility will be completed by August 2006.
Going forward, what kind of turnover growth does KEIL expect? Will the company be able to retain the same kind of margin on enhanced turnover?
In FY 2007, we expect to achieve sales of Rs 650-700 crore. Due to the increase in volume, we will maintain our operating profit.
What is your current order book? When are the orders likely to be executed? How was the order book last year?
Presently, the order book is Rs 116 crore. We are maintaining our order book at Rs 100 crore since the last one year. The orders are to be delivered in the next three to four months, apart from dealers’ orders.
What is KEIL’s input sourcing strategy? How frequently are prices negotiated with suppliers? What is the average number of days you keep the raw material inventory?
We buy our raw material requirement in bulk. Generally, we book cooper on receiving orders from our customers. Due to the volatility in copper prices, we book forward contracts with suppliers, i.e., Hindalco and Sterlite Industries. The average inventory, which is for three months, includes work in progress (WIP) and finished goods.
Will KEIL be able to fully pass on the increase in raw material prices and thereby maintain or improve its OPM from the current levels?
There is no price escalation clause in the contracts. Our prices are fixed. In our tender-based sales, we quote raw material costs plus margin.
To know about prospects of the company and the power cable industry, Capital Market's Ravi Sodah spoke with Anil Gupta, MD, KEIL. Excerpts.
What is the current size of the power cable industry? At what rate it is it growing?
The current size of the power cable industry is about Rs 8000 crore. The industry is growing at 20%-25%. The growth is not only because of expansion of its capacity. The industry is growing because of capital expenditure in various user industries.
What are the key growth drivers and risks in the cable industry?
About Rs 9 lakh crore of capex is going in power and infrastructure sectors, special economic zones (SEZ), and industrial expansion. As a thumb rule, wire and cable requirement is approximately 2%-3% of the cost of the project.
The only risk is slowdown in the economy. But we don’t see any slowdown in the economy in the next five-10 years.
What is the share of organised and unorganised players in high tension (HT) and low tension (LT) cables? How is KEIL placed to face competition?
Due to the long period for a power cable company to establish its credentials, major sales from organised players in HT and LT cables are to institutions. If a new company starts manufacturing cables, it will take at least seven years for registration due to the surfeit of vendors.
KEIL is an established player figuring in the vendor approval list of various international engineering, procurement, construction (EPC) and power companies.
Can you elaborate on the product mix as well as the specific categorisation within the cables? What is the contribution of HT and LT cables to sales?
We are focusing on cable sales. We started manufacturing HT from March 2006. In FY 2007, HT cable sales will be approximately Rs 100 crore.
What is KEIL’s market share?
The present market share of KEIL is 15%. We sell mainly to institutions. Our sales to institutions are approximately 80% of our revenue. We are also focusing on retail sales through channel partners and dealers and distributors. We intend to achieve a 20% market share. Besides the existing facility in New Delhi, KEI started a new manufacturing facility at Bhiwadi in Rajasthan in March 2006. Expansion of our Silvassa facility will be completed by August 2006.
Going forward, what kind of turnover growth does KEIL expect? Will the company be able to retain the same kind of margin on enhanced turnover?
In FY 2007, we expect to achieve sales of Rs650-700 crore. Due to the increase in volume, we will maintain our operating profit.
What is your current order book? When are the orders likely to be executed? How was the order book last year?
Presently, the order book is Rs 116 crore. We are maintaining our order book at Rs 100 crore since the last one year. The orders are to be delivered in the next three to four months, apart from dealers’ orders.
Can you elaborate on the product mix as well as the specific categorisation within the cables? What is the contribution of HT and LT cables to sales?
We are focusing on cable sales. We started manufacturing HT from March 2006. In FY 2007, HT cable sales will be approximately Rs 100 crore.
What is KEIL’s market share? Going forward, what is the market share that the company is targeting? How do your intend to scale up operations?
The present market share of KEIL is 15%. We sell mainly to institutions. Our sales to institutions are approximately 80% of our revenue. We are also focusing on retail sales through channel partners and dealers and distributors. We intend to achieve a 20% market share.
Besides the existing facility in New Delhi, KEI started a new manufacturing facility at Bhiwadi in Rajasthan in March 2006. Expansion of our Silvassa facility will be completed by August 2006.
Going forward, what kind of turnover growth does KEIL expect? Will the company be able to retain the same kind of margin on enhanced turnover?
In FY 2007, we expect to achieve sales of Rs 650-700 crore. Due to the increase in volume, we will maintain our operating profit.
What is your current order book? When are the orders likely to be executed? How was the order book last year?
Presently, the order book is Rs 116 crore. We are maintaining our order book at Rs 100 crore since the last one year. The orders are to be delivered in the next three to four months, apart from dealers’ orders.
What is KEIL’s input sourcing strategy? How frequently are prices negotiated with suppliers? What is the average number of days you keep the raw material inventory?
We buy our raw material requirement in bulk. Generally, we book cooper on receiving orders from our customers. Due to the volatility in copper prices, we book forward contracts with suppliers, i.e., Hindalco and Sterlite Industries. The average inventory, which is for three months, includes work in progress (WIP) and finished goods.
Will KEIL be able to fully pass on the increase in raw material prices and thereby maintain or improve its OPM from the current levels?
There is no price escalation clause in the contracts. Our prices are fixed. In our tender-based sales, we quote raw material costs plus margin.
Sanjivani Parental ( news in the air )
Sanjivani Parentral was the pick of the day with 20% cct and huge volume. Co has reported excellent Q1 nos and is back in reckoning with order buzz….Co has been doing well quarter after quarter and set to report an EPS of Rs 12 per share. A leading Kolkata Bull too has entered this counter which is very positive as he is very close to RJ and RIL gr and therefore these two smart investors are set to enter in this counter............those holding continue holding
short term view (at 10800 levels)
market seems to have covered up some of the losses tht it had shed of during its way down.....market being reach 11000.....i feel its time one shld remain a bit cautious n hold 35-40% in cash.......buying shld definately be considered arnd 9300-9500 if market corrects.....midcaps which were hammered badly shld continue to out perform over medium to long term.....not much of downside shld be there in midcaps....ofcourse one has to be stock specific.......Q1 results of most of the quality midcaps companies have been strong n there is no reason why one shld doubt the growth of such companies for the next few yr
market might show some correction in he very near future going forward......one shld be cautious
market might show some correction in he very near future going forward......one shld be cautious
Friday, August 04, 2006
PEE KA BOO BCK IN THE STOCKS
Sorry everyone I have been a bit busy for the past one month….n now I am bck…market has been quite volatile n the stocks have been much more…..the weakness seems to be still there due to high crude price…dollar gaining strength over rupee….war n fear n stuff…..though the Q1 results have been quite recouraging…….one shld selectively pick the companies from here on as I believe market wont run much either ways in the next 6-9 months….though many stocks can prove to be multibagger if held for 12-18 months…patience is wht the market is all about
So once again lets have a peeka-boo on the stocks tht I have been tracking
Surya Pharma….EPS of arnd 19….available at a price of 80…public holding juss 22%........has been showing more than 60% growth in the past 3 years n last yr profit jumped more than 100%....50% investment can be considered arnd these levels
ANJANI FABRICS……DCW………hold on to both the companies….down due to the overall market scenario….market men will be bck soon in both the scripts
Satnam Overseas….one shld book partial profit arnd these levels as it had given 30% rise aft the fall……shld be bought again arnd 50-55 levels
Suraj Diamonds……the company is doing quiet good for the past 3 quarters…..EPS for the whole yr shld be arnd 10….one shld book some profit arnd 55-60 n invest again at lower levels post correction
KARUR KCP…..the company has grown by 50% compared to last yr…n the orders have been flowing in…expected to grow by 50% in the current yr too….EPS to be expected is arnd 12-13….current price 52…promoters holding above 72
HYDERABAD IND….THE COMPANY IS GOING GR8 GUNS….EPS OF 50….MUTUAL N FII HOLDING ARND 25%...CURRENTLY PRICED AT 300…..NOT TO BE MISSED IF AVAILABLE AT 250 IF THE MARKET FALLS
MANUGRAPH….THE COMPANY HAS GROWN BY OVER 100% IN THE PAST 2 YRS….MUTUAL N FII HOLDING ARND 16%.....EPS ARND 20.5…..WORTH ACCUMULATING ARND 150-160
Indo Asian Fuse….one shld book profit as it is faily priced at these levels….one shld enter again arnd 100 when correction comes
ALPS INDUSTRIES…..THE COMPANY IS DOING GOOD….HAVE GROWN MULTI-FOLD IN THE PAST 3 YEARS….EPS ARND 20…..WORTH INVESTING A SMALL AMT….N FORGETTING FOR A YR OR SOMETHING…..SUGGESTED ARND 75 LEVELS
AARVEE DENIM….2ND LARGEST DENIM PLAYER OF INDIA AFTER ARVIND…..THE COMPANY IS DOING WELL N THE PERFORMANCE WILL CONTINUE…IS BEATEN DOWN BADLY DUE TO THE CORRECTION….EPS ARND 15….CURRENT PRICE 50….GRAB IT IF U CAN…PUBLIC HOLDING ARND 15 %
AARTI IND…..CURRENT EPS ARND 6.75….THE COMPANY IS REPORTED TO DO QUITE WELL IN THE COMING 2 YRS…..AVAILABLE AT A THROW AWAY PRICE OF 28….MUTUAL N FII ARND 15%
KEI INDUSTRIES……AFT A HIGH OF 529 THE COMPANY IS AVAILABLE ARND 247…..EPS ARND 29…..HAVE GROWN MULTI-FOLD IN THE PAST 2 YEARS…..MUTUAL N FII HOLDING ARND 36……WORTH BUYING AT EVERY 10% FALL
SREI INFRA……the company has grown 40 n 100% respective in the past 2 years….FII n MUTUAL holding arnd 47…EPS arnd 5.16….worth investing at current n every 10% fall frm there on
Granules……Q1 have been good so far…goldman sachs n morgan n Stanley have been buying in arnd 84 n 104 levels…..company is said to be performing better qtr on qtr frm here on……EPS shld be arnd 8…..shld be accumulated on dips….keep a watch
GUJ ALKALIES….quiet faily priced arnd these levels…..book profit at current level….shld be bought during correction arnd 140-150 levels
Hiran orgochem…..the company is doing good…n the aiming at 100% growth for the next 2 years….have got few products lined up in the coming years……EPS is arnd 20…was hammered during the madcap carnage…..looking quite attractive at a price of 55….long term view shld be taken…minimum 9 months
LIC HOUSING….one shld sell this on every rise…..quiet reasonably priced n haven’t shown much of growth compared to others…..i guess better plays r available at mouth watering prices……fairly priced arnd a PE of 8
National steel…one shld book profit arnd 25 levels…..n shld invest again below 18 when correction comes
Reliance communication……the company performance is improving….the company had fallen 200 frm 300 but has slowly inched bck arnd 270…one shld sell arnd 290 n get in again at 220 during correction
DISAPPOINTMENTS
JUPITER BIOSCIENCE…….SANJIVANI PARENTAL…..AGRO DUTCH……IND SWIFT LABS…….inspite of good performance the share has been lying low…..management doesn’t seem to be all trustworthy….better to stay away
Syncom Formulation……the company has been showing disappointed results.
So once again lets have a peeka-boo on the stocks tht I have been tracking
Surya Pharma….EPS of arnd 19….available at a price of 80…public holding juss 22%........has been showing more than 60% growth in the past 3 years n last yr profit jumped more than 100%....50% investment can be considered arnd these levels
ANJANI FABRICS……DCW………hold on to both the companies….down due to the overall market scenario….market men will be bck soon in both the scripts
Satnam Overseas….one shld book partial profit arnd these levels as it had given 30% rise aft the fall……shld be bought again arnd 50-55 levels
Suraj Diamonds……the company is doing quiet good for the past 3 quarters…..EPS for the whole yr shld be arnd 10….one shld book some profit arnd 55-60 n invest again at lower levels post correction
KARUR KCP…..the company has grown by 50% compared to last yr…n the orders have been flowing in…expected to grow by 50% in the current yr too….EPS to be expected is arnd 12-13….current price 52…promoters holding above 72
HYDERABAD IND….THE COMPANY IS GOING GR8 GUNS….EPS OF 50….MUTUAL N FII HOLDING ARND 25%...CURRENTLY PRICED AT 300…..NOT TO BE MISSED IF AVAILABLE AT 250 IF THE MARKET FALLS
MANUGRAPH….THE COMPANY HAS GROWN BY OVER 100% IN THE PAST 2 YRS….MUTUAL N FII HOLDING ARND 16%.....EPS ARND 20.5…..WORTH ACCUMULATING ARND 150-160
Indo Asian Fuse….one shld book profit as it is faily priced at these levels….one shld enter again arnd 100 when correction comes
ALPS INDUSTRIES…..THE COMPANY IS DOING GOOD….HAVE GROWN MULTI-FOLD IN THE PAST 3 YEARS….EPS ARND 20…..WORTH INVESTING A SMALL AMT….N FORGETTING FOR A YR OR SOMETHING…..SUGGESTED ARND 75 LEVELS
AARVEE DENIM….2ND LARGEST DENIM PLAYER OF INDIA AFTER ARVIND…..THE COMPANY IS DOING WELL N THE PERFORMANCE WILL CONTINUE…IS BEATEN DOWN BADLY DUE TO THE CORRECTION….EPS ARND 15….CURRENT PRICE 50….GRAB IT IF U CAN…PUBLIC HOLDING ARND 15 %
AARTI IND…..CURRENT EPS ARND 6.75….THE COMPANY IS REPORTED TO DO QUITE WELL IN THE COMING 2 YRS…..AVAILABLE AT A THROW AWAY PRICE OF 28….MUTUAL N FII ARND 15%
KEI INDUSTRIES……AFT A HIGH OF 529 THE COMPANY IS AVAILABLE ARND 247…..EPS ARND 29…..HAVE GROWN MULTI-FOLD IN THE PAST 2 YEARS…..MUTUAL N FII HOLDING ARND 36……WORTH BUYING AT EVERY 10% FALL
SREI INFRA……the company has grown 40 n 100% respective in the past 2 years….FII n MUTUAL holding arnd 47…EPS arnd 5.16….worth investing at current n every 10% fall frm there on
Granules……Q1 have been good so far…goldman sachs n morgan n Stanley have been buying in arnd 84 n 104 levels…..company is said to be performing better qtr on qtr frm here on……EPS shld be arnd 8…..shld be accumulated on dips….keep a watch
GUJ ALKALIES….quiet faily priced arnd these levels…..book profit at current level….shld be bought during correction arnd 140-150 levels
Hiran orgochem…..the company is doing good…n the aiming at 100% growth for the next 2 years….have got few products lined up in the coming years……EPS is arnd 20…was hammered during the madcap carnage…..looking quite attractive at a price of 55….long term view shld be taken…minimum 9 months
LIC HOUSING….one shld sell this on every rise…..quiet reasonably priced n haven’t shown much of growth compared to others…..i guess better plays r available at mouth watering prices……fairly priced arnd a PE of 8
National steel…one shld book profit arnd 25 levels…..n shld invest again below 18 when correction comes
Reliance communication……the company performance is improving….the company had fallen 200 frm 300 but has slowly inched bck arnd 270…one shld sell arnd 290 n get in again at 220 during correction
DISAPPOINTMENTS
JUPITER BIOSCIENCE…….SANJIVANI PARENTAL…..AGRO DUTCH……IND SWIFT LABS…….inspite of good performance the share has been lying low…..management doesn’t seem to be all trustworthy….better to stay away
Syncom Formulation……the company has been showing disappointed results.
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